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The Latest Breaking News from Larry Ellison

ICYMI: the week's 7 biggest tech stories from testing Android XR glasses to a revolutionary smart ring

The top tech news stories from Disney, Paramount, DC, Android, and more for December 12, 2025.

TechRadar

Deal or no deal? The inside story of the battle for Warner Bros

As Paramount, with close ties to the Trump administration, entered the bidding, experts predict any merger will ‘raise red flags’ among regulators

The Guardian - UK

Netflix and Paramount Will Fight for Trump's Favor

Which is what progressive fans of antitrust want, no?

Reason

From analysis to the latest developments in health,
read the most diverse news in one place.

Paramount chief does damage control over ‘60 Minutes’ MTG interview that incurred Trump’s wrath

While the Ellisons have looked to temper the president’s rage over the Marjorie Taylor Greene sitdown, they’ve also assured Donald Trump that they’d make sweeping changes at CNN if Paramount buys Warner Bros. Discovery.

The Independent UK

Oracle will shop around for AI chips after adopting a policy of 'chip neutrality'… but of course it'll still buy the latest Nvidia GPUs

AMD sales team, assemble!

PC Gamer

Jared Kushner – and three Arab monarchies – are at the heart of the Paramount-WBD bid

The president’s son-in-law is once again at the center of an international business deal that will require administration approval

The Guardian - US

Stephen Miller claims he’s banned by CNN as Trump urges new ownership for network

Miller was asked about the situation by Sean Hannity, who said of his past appearances on CNN: “That was some of the best material we’d ever had on the program, in the history of the program, is you schooling these hosts’

The Independent UK

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Disappointing Oracle results knock $80bn off value amid AI bubble fears

Weaker-than-forecast quarterly data for Larry Ellison’s tech company shows slowdown in revenue growth and big rise in spending Business live – latest updates

The Guardian - UK

Paramount X Targeted: Inside Netflix's Warner Brothers Discovery Acquisition Deal

Paramount Pictures' official X (formerly Twitter) account was compromised briefly Tuesday, with its bio reading, 'Proud arm of the fascist regime'. The incident spread like wildfire on social media and sparked rumours circling the hostile bidding war with Netflix to acquire Warner Brothers.

International Business Times UK

Paramount chief reportedly promised Trump ‘sweeping changes’ at CNN as part of Warner Bros. takeover

David Ellison’s father has also brought up with White House officials which CNN anchors they’d like to get rid of if Paramount were to purchase Warner Bros. Discovery.

The Independent UK

Ignore the Entertainment Companies

Plus: Lost Vegas, Gen Z listlessness, Kushner mystique, Nvidia goes to China, and more...

Reason

When David Ellison was 13, his billionaire father Larry bought him a plane. He competed in airshows before leaving it to become a Hollywood executive

Ellison, 42, revived “Top Gun”—and now he’s taking the fight to Netflix.

Fortune

David Ellison Net Worth Explained: How the Paramount Chief Is Funding a Historic Hostile Takeover

David Ellison's net worth and financial backing come into focus as Paramount launches a historic hostile takeover bid for Warner Bros Discovery.

International Business Times UK

Takeover bid of parent company means limbo for CNN, some fellow cable networks

It's a tough time for CNN, which looks like it will be in management limbo for some time with Paramount Skydance's hostile takeover bid of its parent company, Warner Bros

The Independent UK

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news in one place.

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Benzinga

Trump May Require '60 Minutes' Apology Before Blessing Paramount's Warner Bid

A race to acquire Warner Bros. Discovery (NASDAQ:WBD) by Netflix Inc (NASDAQ:NFLX) and Paramount Skydance (NASDAQ:PSKY) intensified with an all-cash offer from the latter for the media company on Monday.

Reason

Donald Trump Says He'll 'Be Involved' in Choosing Who Gets To Merge With Warner Bros.

Paramount Skydance is banking on the Ellison family's relationship with Trump following Netflix outbidding the company to acquire Warner Bros.

Barchart

Dear Oracle Stock Fans, Mark Your Calendars for December 10

Down 37% from all-time highs, Oracle stock trades at a compelling valuation in December 2025, given its revenue and earnings forecast.

TechRadar

Paramount just trumped Netflix's Warner Bros deal, but I don't see how this will be good news for any of us

Just when you thought the Netflix plan to acquire Warner Bros. was all but a done deal, Paramount swoops in, and things just got very interesting.

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news in one place.

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Fortune

Jared Kushner suddenly emerges in the Warner brawl between Paramount and Netflix, backed by Saudi billions and fresh off brokering another megadeal

Trump’s son-in-law is emerging as a central conduit for Gulf money moving into American media, and they’re backing the Ellisons and Paramount.

The Independent UK

Trump son-in-law Jared Kushner is investor in Paramount’s hostile takeover bid of Warner Bros

Jared Kushner’s Affinity Capital, along with the sovereign wealth funds from Saudi Arabia, Qatar and Abu Dhabi, have ‘agreed to forgo any governance rights – including board representation – associated with their non-voting equity investments,’ according to Monday’s regulatory filing.

PC Gamer

Paramount, backed by Saudi Arabia's Public Investment Fund, launches hostile takeover bid for Warner Bros. Discovery, one day after US president Donald Trump says the Netflix deal 'could be a problem'

The Paramount bid is also supported by Trump's son-in-law Jared Kushner, so that's probably not great for Netflix's ambitions.

International Business Times UK

Paramount CEO Claims 'Inherent Bias': £108.4B Bid Challenges Netflix's Warner Bros Deal

Paramount Skydance launches a hostile $108.4bn bid for Warner Bros Discovery, challenging Netflix's $72bn deal amid political scrutiny and antitrust fears.

The Guardian - US

Paramount launches $108.4bn hostile bid for Warner Bros Discovery

Paramount’s bid for the entire company counters $82.7bn Netflix deal for WBD’s studio and streaming operation

The Independent UK

Hostile takeover launched over Netflix-Warner deal with new $108B Paramount bid after Sarandos woos Trump at White House

The Netflix chief’s pilgrimage to DC came as Paramount’s ownership believed it had the inside track to acquire Warner Bros. due to the Ellison family’s close ties to the president.

TechRadar

Trump says the big Netflix-Warner Bros merger ‘could be a problem’ – here’s why

‘Could be a problem’: Trump wants to personally help decide the Netflix-Warner Bros. Deal – and he’s already highlighted a big reason to block it.

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People

Marjorie Taylor Greene

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